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India is the 4th largest Energy consumer after US, China & Russia. Primary energy consumption of India has more than doubled between

1990 and 2011. The Indian gas market is projected to be one of the fastest growing in the

world over the next two decades: the IEA forecasts gas demand to increase at 5.4% per annum over 2007-30 reaching 132 billion cubic meters by 2030.

The power sector is the fastest growing area for energy demand, increasing from 23 percent to 38 percent of total energy consumption between 1999 to 2009.

India and China represented a combined 12% LNG market share in 2012.

The growing appetite for LNG in India and China resulted in 7.7% & 12.2% growth in LNG import in 2012

Natural gas currently contributes 8% of total energy consumption and is projected to grow up to 20% by 2030 in India.

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Source:- International Energy Agency

India began importing liquefied natural gas from Qatar in 2004 and increasingly relies on imports to meet domestic natural gas demand gaps.

In 2011, India was the 6th largest LNG importer with over 5.3% of the global imports.

Gas consumption has grown at an annual rate of 10 percent from 2001-2011

The power sector and fertilizer sector drives the Natural Gas Demand in the country. The government has identified these as priority sectors, which ensures that they receive larger shares of any new gas supply.

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According to the Oil & Gas Journal, India had 43.8 Trillion cubic feet of proved natural gas reserves at the end of 2012. About 30 percent of these are onshore reserves, while 70 percent are offshore reserves.

The two most important companies operating India's large gas pipeline system are GAIL and RGTIL. GAIL is a state owned gas transmission & marketing company having 8000 km (Source:- CRISIL) gas transportation infrastructure. Reliance Gas Transportation Infrastructure (RGTIL) is the largest private sector gas transmission structure.

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5Source:- GAIL

Domestic natural gas supply to grow at a CAGR of 5.6 per cent over FY13-15 while gas demand to grow at a CAGR of 17-18 per cent thus aggravating the deficit situation.

LNG imports are expected to increase at a CAGR of 19 per cent over FY13-15 but will only partially meet the shortfall, despite huge LNG re-gasification

capacity additions planned in the next 5 years. India’s Gas demand supply gap projection necessitating import of LNG.

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Year 2015 2020 2030

Gap in demand

and supply MMTPA

14.175 22.05 40.95

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Terminal Partners Capacity Supply source Start up

date

Dahej Petronet LNG (GAIL, ONGC, Indian

Oil and BPLC (each 12.5%), GDF

Suez (10%), ADB (5.2%) and private

shareholders (34.8%))

10 mtpa Qatar – long term (7.5 mtpa)

March

2004

Hazira Shell (operator, 74%), Total (26%)

3.5 mtpa Merchant model April

2005

Dabhol NTPC, GAIL, Indian banks15 (28.3%

each) and the Maharashtra state

Electricity Board (15%).

5 mtpa

(1 mtpa

initially)

Possible: Algeria, Qatar, Australia,

Oman and Abu Dhabi

2010

Total Capacity

18.5 mtpa

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Terminal Partners Capacity Supply source Startup

date

Kochi Petronet LNG 2.5 mtpa 1.5 mtpa for 20 years from

Gorgon, Australia (2014-15). Possibly Qatar, Papua

New Guinea

2012

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Terminal Partners Capacity Start up date

Dahej exp Petronet LNG 2.5 mtpa March 2014

Hazira exp Shell, Total 6.5 mtpa TBN

Kochi exp Petronet LNG 2.5 mtpa 2014

Mundra Port GSPC (75%), Adani Group (25%)

6.5 mtpa 2012

Mangalore ONGC & IOC 5 mtpa 2012

Total Capacity 23 mtpa

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Terminal Partners Capacity Start up

date

Pipapav Port Essar Group, Swan Energy, possibly

GSPC Gujarat Pipavav Port Ltd.

Intends to become a partner

5 mtpa 2013

Ennore TIDCO, IOC 5 mtpa 2017

Haldia Spice Energy 2.5 mtpa 2011

Total Capacity 12.5 mtpa

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Demand for natural gas across the country in sectors such as town gas and transportation in addition to Industrial use and imported LNG can be an important source.

Existing gas grid does not cover the entire country, particularly the coastal regions.

Delays in expansion of gas grid owing to right of way problems & difficult terrain.

Large coastline of about 7500 kms offers opportunity for small LNG carriers and FSRUs.

Construction of small LNG Terminals at Andaman and Sri Lanka under consideration.

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SCI is the first and only Indian Shipping Company to own and operate LNG Tankers.

Major shareholder in 3 LNG tankers through Joint venture partnership with the tankers on a long-term charter. Disha and Raahi (138,000 cbm) from 2004 and Aseem (155,000

cbm) from 2009. SCI is the Ship Manager in all three tankers.

SCI is keenly participating in the shipping tender for upcoming requirement for Petronet LNG Ltd’s Kochi terminal project.

SCI is involved in commencement of cargo operations at the Dabhol terminal through its role as Marine services operator and 5 cargoes have been discharged till date.

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To emerge as the major Indian shipping company for LNG transportation.

Plans for creation of a separate vertical in the company for LNG Shipping.

SCI is in advanced stage of discussions for shipping arrangement with potential importers of LNG that have tied up long term LNG purchase contracts.

To participate in ownership of additional 10-12 LNG tankers by 2017-2018 through the joint venture route.

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The Shipping Corporation of India Ltd. was incorporated on 2.10.1961.

Listed company in the stock exchange with Govt. of India (GOI) share of 63.75%.

GOI has provided autonomy to the organisation by conferring Navratana status in August 2008.

Today SCI is India’s largest and most diversified shipping company having about 38% share in Indian tonnage - owns 80 vessels of 5.91 million DWT & manages 41 vessels on behalf of other agencies.

For the past fifty years, SCI has been providing yeoman service to the country’s economy by meeting the ocean transportation requirements.

Presence in all the segments of shipping including Dry Bulk, Tanker, Container, Offshore segments and LNG.

Corporate network spanning the 4 metros of India as well as office at London

Supported further by a strong agents network worldwide.

SCI currently have 16 vessels on order which will be delivered in current and next year respectively.

SCI Own three LNG carriers with total DWT of 229,687 under 3 separate joint venture companies with Mitsui OSK Lines, NYK, K Line, Qatar Shipping Company, Qatar Gas Transport Company.

SCI mans and manages 3 LNG vessels – Only Indian shipping company with LNG carrier expertise.

LNG tankers are under 25 year charter carrying LNG from Ras Laffan, Qatar to Dahej Terminal of Petronet LNG

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Crude carriers61.4%Acid carriers

0.6%

Product Carriers16.1%

Passenger carriers

0.1%

Liner vessels

3.9%

Dry bulk carriers16.8%

LPG/ Ammonia carriers

0.6%OSVs0.6%

Liner vessels

Dry bulk carriers Crude oil tankers

Product tankers

Acid carriers

Gas carriers

Pax vessels

OSV’s

Nos. 6 16 23 15 1 2 1 16

DWT 229,131 993,496 3,627,893 952,728 33,058 35,202 5,140 32,650

80 vessels – 5.91 million DWT

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Organization Type of Vessels No. of Vessels

India LNG Transportation Co. 1 , 2 & 3 Ltd.

LNG Carriers 3

Oil & Natural Gas Company OSV’s & MSV’s 19

A&N Administration Passenger-cum-cargo

10

UTL Administration Passenger-cum-cargo

1

Geological Survey of India Research Vessels 3

Department of Ocean Development Research Vessels 5

Total: 41

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Lloyds Awards for best container shipping from India to the U.K. – multiple times

“Gold Award in Transport Category” at India Pride Awards for 2010

“Ship Owner of the Year - India” award at the Maritime and Logistics Awards in 2010

“Tanker Operator of the Year” on 19.01.2012 at Gateway Awards of Excellence Port & Shipping 2012”

“Safest & Most Environmentally Conscious Indian Shipping Company” at the 2009 World Maritime Day

“Best Shipping Line of the Year on 27.09.12 at 6th Express, Logistics & Supply Chain Awards”

“Seatrade Middle East & Indian Subcontinent Award” in the CSR category at Dubai in October, 2011.

“Tanker Operator of the Year” on 18.04.2013 at Gateway Awards of Excellence Port & Shipping 2013”

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“Training Award” from ‘Lloyd’s List’ for Middle East and Indian Subcontinent in 2012

Prestigious “Greentech Platinum Award”, in the Shipping Sector for its continuous commitment to the community welfare and voluntary initiatives.

BT STAR PSU Excellence Awards 2012- in HR Managemenrt on 25.05.12

"Outstanding Contribution to the Seafaring Community” Award on the occasion of 'Day of the Seafarer', on June 25, 2011

“Most Compassionate Employer of Indian Seafarers”, “Safest Indian Shipping Company” and “Ship of the Year” awards instituted by DG Shipping.

On April 27, 2011, honoured with the Dun & Bradstreet – “Rolta Corporate Awards 2010”, in the Shipping sector.

Maritime and Logistics Awards 2011, held on September 30, 2011, awarded as "Ship Owner of the Year - Indian".

Dun & Bradstreet : PSU Awards 2012- in “Transport & Logistics Sector” on 28.05.2012

At Shipping Maritime & Ports event (SMP) on 08.02.12- “Fastest Growing Company Award

2020